Archive for the ‘Fiscal Crisis’ Category

Comments Off on America’s Sinking Public Pension Plans Are Now $1.4 Trillion Underwater

REASON – After several years of steady investment growth and higher contributions from taxpayers, most of America’s public sector pension plans are still awash in red ink. According to a new report from the Pew Charitable Trusts, the states collectively carry more than $1.4 trillion in pension debt—and only four states have at least 90 […]

Comments Off on A Deceptive and Inaccurate Call for Higher Taxes

INTERNATIONAL LIBERTY – Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future problem. The bad news is that their analysis is sloppy, […]